Laserfiche WebLink
PAYING AGENT/REGISTRAR AGREEMENT <br /> THIS AGREEMENT (this "Agreement"), is entered into as of January 23, 2017 by and <br /> between the City of La Porte, Texas (the "Issuer"), and Amegy Bank, a division of ZB, National <br /> Association, (the"Bank"). <br /> RECITALS OF THE ISSUER <br /> The Issuer has duly authorized and provided for the issuance of its certificates, entitled <br /> "City of La Porte, Texas, Certificates of Obligation, Series 2017 (the "Certificates") in an <br /> aggregate principal amount of$10,635,000 to be issued as fully registered certificates; <br /> All things necessary to make the Certificates the valid obligations of the Issuer, in <br /> accordance with their terms, will be done upon the issuance and delivery thereof; <br /> The Issuer and the Bank wish to provide the terms under which the Bank will act as <br /> Paying Agent to pay the principal, redemption premium (if any) and interest on the Certificates, <br /> in accordance with the terms thereof, and under which the Bank will act as Registrar for the <br /> Certificates; <br /> The Issuer and the Bank have duly authorized the execution and delivery of this <br /> Agreement; and all things necessary to make this Agreement the valid agreement of the parties, <br /> in accordance with its terms, have been done. <br /> NOW, THEREFORE, it is mutually agreed as follows: <br /> ARTICLE ONE <br /> APPOINTMENT OF BANK AS <br /> PAYING AGENT AND REGISTRAR <br /> Section 1.01. Appointment. The Issuer hereby appoints the Bank to act as Paying Agent <br /> with respect to the Certificates, to pay to the Registered Owners of the Certificates in accordance <br /> with the terms and provisions of this Agreement and the Ordinance, the principal of, redemption <br /> premium(if any), and interest, on all or any of the Certificates. <br /> The Issuer hereby appoints the Bank as Registrar with respect to the Certificates. <br /> The Bank hereby accepts its appointment, and agrees to act as Paying Agent and <br /> Registrar. <br /> Section 1.02. Compensation. As compensation for the Bank's services as Paying Agent <br /> and Registrar, the Issuer hereby agrees to pay the Bank the fees set forth in the Bank's fee <br /> schedule attached as Annex A hereto. The Bank reserves the right to amend the fee schedule at <br /> any time, provided the Bank shall have furnished the Issuer with a written copy of such amended <br /> fee schedule at least 75 days prior to the date that the new fees are to become effective. <br /> HOU:3747011.1 <br />